What is the common-size percentage for the net income

Assignment Help Accounting Basics
Reference no: EM13990479

28. Foreign Travel Services has net income of $48.400. total assets of $219,000. total equity of $154800, and total sales of $311,700. What is the common-size percentage for the net income?

A. 9.00 percent
B. 13.90 percent
C. 15.53 percent
D. 22.10 percent
E. 31.27 percent

29. Healthy Foods has total assets of $129,800, net fixed assets of $71,500. long-term debt of $52,000, and total debt of $78,700. If inventory is $31,800, what is the current ratio?

A. 0.33
B. 0.46
C. 0.84
D. 1.18 
E. 2.18

30. A firm has net working capital of $3,800 and current assets of 11,700. What is the current ratio?

A. 0.34
B. 0.60
C. 1.48
D. 1.65
E. 2.92

31. You are analyzing a company that has cash of $11.200, accounts receivable of 527.800. fixed assets of $124,600, accounts payable of $31,300, and inventory of $56,900. What is the quick ratio?

A. 0.30
B. 0.67
C. 0.80
D. 1.25
E. 1.37

32. A firm has total assets of $523.100. current assets of $186,500, current liabilities of $141,000. and total debt of $215,000. What is the debt-equity ratio?

A. 0.48 
B. 0.70 
C. 1.10
D. 1.43
E. 2.13

33. Todd will be receiving a $10,000 bonus one year from now. The process of determining how much that bonus is worth today is called:

A. aggregating.
B. discounting.
C. simplifying.
D. compounding.
E. extrapolating.

Reference no: EM13990479

Previous Q& A

  Actual average settlement time

Estimate, with 95% confidence, the actual average settlement time (in days) for claims received by the Explorer Fund only. Interpret the result.

  Implemented on an individual and a business scale

Explain, with an example, how eco-efficiency can be implemented on an individual and a business scale.

  Calculate the mean poverty rate for gender on pei

The Canadian council of social development (CCSD) has the following poverty information on males and females in PEI, Calculate the mean poverty rate for gender on PEI. Calculate the median poverty rate for gender on PEI

  What characteristics make diversity training most effective

Discuss what characteristics make diversity training most effective along with at least three different approaches to diversity training.

  Take stand and hire disabled person to break the ice

You are the newly hired HR manager in a family-run organization with a long standing informal policy of not hiring people with disabilities. You do a bit of investigation and discover the thought internally, that disabled workers will not be as produ..

  What is the estimated labor cost for a job

What is the estimated labor cost for a job if the total adjusted estimated labor is 115 hours and the labor rate per man-hour is $23.00?

  Important elements of standardizing purchased materials

You have been hired as a new procurement and supply manager at a company that manufactures and assembles construction equipment. The management team is not satisfied with the cost to manufacture and assemble the construction equipment as well as the ..

  What is the magnitude of the net force on the loop

In the figure, a long straight wire carries a current I1 = 42.1 A and a rectangular loop carries current I2 = 16.2 A. Take a = 1.43 cm, b = 9.67 cm, and L = 40.5 cm. What is the magnitude of the net force on the loop due to i1?

  Workshops increase sales consultants

Can the human resource manager conclude, at the 5% significance level, that the job enrichment workshops increase sales consultants' job satisfaction levels? Present your findings to the human resource manager.

  Describe how operations strategy is developed

Describe how operations strategy is developed. What are competitive priorities and how is it related to operations strategy? What are “make to stock strategy”, “assemble to order strategy”, and “make to order strategy”? Examples of how one operation ..

Reviews

Write a Review

 

Similar Q& A

  Would you select preferred stock as an investment

Why preferred stock is referred to as preferred and what some of the features added to preferred stock are that make it more attractive to investors. Would you select preferred stock or common stock as an investment? Why?

  A company is planning a 35 million dollar marketing

a company is planning a 35 million dollar marketing campaigntv add. explain from what source would they get the money

  Break even sales in units and cost volume profit chart

Aspen Co. expects to maintain the same inventories at the end of 2008 as at the beginnign of the year. The total of all production costs for the year is therefore assumed to be equal to the cost of goods sold. With this in mind, the various depart..

  Discuss the accounting treatment of the depletion calculated

1.On April 17, 2013, the Loadstone Mining Company purchased the rights to a coal mine.

  Straight-line amortization of the discount

Straight-line amortization of the discount.

  The best means of verification of cash inventory office

the best means of verification of cash inventory office equipment and nearly all other assets in a physical count of

  Activity variance for personnel expenses

The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for January:The activity variance for personnel expenses in January would be closest to:

  What insights did you gain form looking at the various ratio

A. For the following ratios create trend charts for WFM for 10 years 2002 - 2011. Use ratio data from Morningstar online database: Current ratio, Average collection period, Debt/Equity, Times interest earned, and Operating profit margin. Use separ..

  Provisions regarding the division of net income

Xavier and Yolanda have original investments of $50,000 and $100,000 respectively in a partnership. The articles of partnership include the following provisions regarding the division of net income:

  Determine the amount of the premium on the day of issue

Provide the general journal entry necessary to record the December 31, 2013, interest expense.

  Issuance of the bonds and warrants

Assume the same facts as part (a), except that the warrants had a fair value of $30. Prepare the entry to record the issuance of the bonds and warrants.

  Entry to record the redemption problem

Carr Corporation retires its $100,000 face value bonds at 105 on January 1, following the payment of interest. The carrying value of the bonds at the redemption date is $103,745. The entry to record the redemption will include a:

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd